Mark Zagorski - Mar 13, 2025 Form 4 Insider Report for DoubleVerify Holdings, Inc. (DV)

Signature
/s/ Andrew E. Grimmig, as Attorney-in-Fact for Mark S. Zagorski
Stock symbol
DV
Transactions as of
Mar 13, 2025
Transactions value $
-$253,583
Form type
4
Date filed
3/17/2025, 05:55 PM
Previous filing
Mar 10, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DV Common Stock Options Exercise $0 +13.8K +3.34% $0.00 426K Mar 15, 2025 Direct F1
transaction DV Common Stock Tax liability -$79.8K -5.56K -1.3% $14.36 421K Mar 15, 2025 Direct F2
transaction DV Common Stock Options Exercise $0 +15.2K +3.62% $0.00 436K Mar 15, 2025 Direct F3
transaction DV Common Stock Tax liability -$91.2K -6.35K -1.46% $14.36 430K Mar 15, 2025 Direct F4
transaction DV Common Stock Options Exercise $0 +7.8K +1.82% $0.00 437K Mar 15, 2025 Direct F5
transaction DV Common Stock Tax liability -$45.2K -3.15K -0.72% $14.36 434K Mar 15, 2025 Direct F6
transaction DV Common Stock Options Exercise $0 +6.47K +1.49% $0.00 441K Mar 15, 2025 Direct F7
transaction DV Common Stock Tax liability -$37.5K -2.61K -0.59% $14.36 438K Mar 15, 2025 Direct F8

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DV Restricted Stock Units Award $0 +244K $0.00 244K Mar 13, 2025 Common Stock 244K Direct F9, F10
transaction DV Performance Stock Units Options Exercise $0 -13.8K -41.67% $0.00 19.3K Mar 15, 2025 Common Stock 13.8K Direct F1, F11
transaction DV Restricted Stock Units Options Exercise $0 -15.2K -6.25% $0.00 228K Mar 15, 2025 Common Stock 15.2K Direct F3, F9
transaction DV Restricted Stock Units Options Exercise $0 -7.8K -8.33% $0.00 85.8K Mar 15, 2025 Common Stock 7.8K Direct F5, F9
transaction DV Restricted Stock Units Options Exercise $0 -6.47K -25% $0.00 19.4K Mar 15, 2025 Common Stock 6.47K Direct F7, F9
transaction DV Restricted Stock Units Options Exercise $0 -9.38K -12.5% $0.00 65.6K Mar 15, 2025 Common Stock 9.38K Direct F9, F12, F13
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each performance stock unit "PSU" was granted on December 19, 2023. 41.67% of the earned shares vested and were settled on March 15, 2025 (the "2025 Vesting Date"), and the remainder of the earned shares vest at a rate of 8.33% on each quarterly anniversary of the 2025 Vesting Date.
F2 Represents shares withheld to satisfy tax obligations in connection with the vesting of 13,782 PSUs on March 15, 2025.
F3 Each restricted stock unit "RSU" was granted on March 13, 2025. 6.25% of the RSUs vested and were settled on the 2025 Vesting Date, and the remainder of the RSUs vest at a rate of 6.25% on each quarterly anniversary of the 2025 Vesting Date.
F4 Represents shares withheld to satisfy tax obligations in connection with the vesting of 15,220 RSUs on March 15, 2025.
F5 Each RSU was granted on December 19, 2023. 6.25% of the RSUs vested and were settled on March 15, 2024 (the "2024 Vesting Date"), and the remainder of the RSUs vest at a rate of 6.25% on each quarterly anniversary of the 2024 Vesting Date.
F6 Represents shares withheld to satisfy tax obligations in connection with the vesting of 7,802 RSUs on March 15, 2025.
F7 Each RSU was granted on December 10, 2021. 6.25% of the RSUs vested and were settled on March 15, 2022 (the "2022 Vesting Date"), and the remainder of the RSUs vest at a rate of 6.25% on each quarterly anniversary of the 2022 Vesting Date.
F8 Represents shares withheld to satisfy tax obligations in connection with the vesting of 6,471 RSUs on March 15, 2025.
F9 RSUs convert into common stock on a one-for-one basis.
F10 Represents RSUs granted to the Reporting Person on March 13, 2025, pursuant to the annual equity compensation under DoubleVerify Holdings, Inc.'s 2025 long-term incentive plan. 6.25% of the RSUs vested and were settled on the 2025 Vesting Date, and the remainder of the RSUs vest at a rate of 6.25% on each quarterly anniversary of the 2025 Vesting Date.
F11 PSUs convert into common stock on a one-for-one basis.
F12 As reported previously, vested shares will be delivered to the reporting person as soon as administratively feasible following his separation from service with the Issuer.
F13 Each RSU was granted on December 12, 2022. 6.25% of the RSUs vested on March 15, 2023 (the "2023 Vesting Date"), and the remainder of the RSUs vest at a rate of 6.25% on each quarterly anniversary of the 2023 Vesting Date.